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MMM News and Press, 3M Company From 06/04/24

Stock Information

Company Name: 3M Company
Stock Symbol: MMM
Market: NYSE

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MMM - Beyond The Rally: Lingering Challenges For 3M

2024-06-04 11:48:23 ET Summary 3M has experienced a recent rally, providing relief to investors after years of poor performance. The spinoff of the healthcare division as Solventum has created opportunities for value crystallization, and more clarity on litigation costs was provid...

MMM - An Important Warning For Dividend Investors

2024-06-03 07:04:00 ET Summary Dividend stocks have struggled in recent years due to rising interest rates and companies cutting or eliminating their dividends. We look at some concerning storm clouds brewing on the horizon for the sector. We also share some of our top picks f...

MMM - 3M Company: Still A Good Investment Despite Dividend Cut

2024-06-03 05:33:23 ET Summary 3M Company reported solid first quarter results with adjusted EPS growing in the double digits again. The company spun off its healthcare business into a new company called Solventum. 3M Company cut its dividend in half, but the stock is still un...

MMM - 3M: Huge Risks And No Growth, Why Bother?

2024-06-03 05:13:54 ET Summary 3M has faced significant legal issues, including a $6 billion settlement over defective earplugs and a $10.3 billion settlement over water contamination. The company has completed the spin-off of its Health Care segment, leaving behind a weaker 3M. ...

MMM - 3 Industrial Powerhouse Stocks to Buy Hand Over Fist in June

2024-06-02 14:24:00 ET Here are three stocks that anyone interested in the industrial sector should look closely at. They are attractive stocks for different reasons. Carpenter Technology (NYSE: CRS) is a company firing on all cylinders with significant momentum behind it. Delta A...

MMM - Here's Why 3M's Dividend Reset Should Turn Off Most Income Investors

2024-06-01 10:35:00 ET Once a Dividend King, 3M (NYSE: MMM) has cut its dividend. There are a number of reasons for the move, but there's one factor investors should pay particular attention to. Here's why dividend investors should be worried by the depth of 3M's payout cut. The...

MMM - Analysts are bullish on the 3M stock price: should you?

2024-05-30 02:06:00 ET 3M (NYSE: MMM) stock price has lagged behind the market as the company has moved from one crisis to the other. It has crashed by about 35% from its highest point in 2021, making it one of the worst-performing companies in the Dow Jones Industrial Average. A go...

MMM - 3M Named Official Respiratory Protection Sponsor for Direct Relief, Pledges 5 Million N95 Respirators Ahead of Hurricane, Wildfire Season

NORTHAMPTON, MA / ACCESSWIRE / May 29, 2024 / 3M Originally published on 3M News Center 3M pledge meets Direct Relief's entire forecasted annual need for N95 respirators In a significant step towards bolstering emergency preparedness and response efforts, 3M and Direct Relief are launchin...

MMM - What a Nobel Prize-Winning Scientist Taught These Two 3Mers

NORTHAMPTON, MA / ACCESSWIRE / May 28, 2024 / Originally published on 3M News Center On Dec. 10, 2023, Dr. Moungi Bawendi stood on stage in Stockholm and was awarded - along with Professor Louis E. Brus and Dr. Aleksey Yekimov - the Nobel Prize in Chemistry for the discovery and synthesis...

MMM - Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008

2024-05-26 21:16:20 ET Summary Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the ...

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